4. Renegotiate and extend
This one does not happen often because there are a lot of rules to doing it, but teams with cap space can increase a player’s salary in the current year and extend their contract. The Sacramento Kings made a draft night trade to create cap space, so they could do this with Domantas Sabonis.
This is extremely unlikely for the Spurs because they are already over the salary floor. Teams have to spend 90 percent of the cap by opening day under the new CBA, but that is no longer a worry after acquiring Reggie Bullock via trade.
They only have three players eligible to have their contracts renegotiated and one is Keldon Johnson, who is in the first season of a four-year pact. Devonte Graham is set to make $12.1 million next season, and he is considered overpaid at that rate. Teams cannot negotiate the contract down in the NBA, so strike him off the list.
The recently acquired Cedi Osman is the only player the Spurs might consider, but he is already making $6.7 million this season. San Antonio could just extend him off that number with no need to increase his salary.
This is a creative way to use cap space and something the San Antonio Spurs might explore in the future, but they are more likely to use one of the last three methods to fill their room.